Terumo


Terumo
Terumo Corporation
Type Public (TYO: 4543)
Industry Medical Technology
Founded 17 September, 1921[1]
Headquarters Tokyo, Japan
Key people Koji Nakao, Chairman;Yutaro Shintaku, President[1]
Revenue increase$2.150 billion USD (FY 2005)
Net income increase$253.6 million USD (FY 2005)
Employees 14,761 (March 2011)[1]
Subsidiaries Terumo Cardiovascular Systems, Corp.
Vascutek Ltd.
Microvention Inc.
Website www.terumo.co.jp

Terumo Corporation (テルモ株式会社 Terumo Kabushiki-gaisha?) was founded in 1921 by Dr. Kitasato Shibasaburō. The company's first product was thermometers and it has since expanded into a global largest medical devices manufacturer, producing a wide variety of products ranging from medical disposables, cardiovascular systems and diabetes care products.

In 1971, Terumo opened its first overseas office in the United States, marking its first overseas expansion. Since then, the company has established subsidiaries in Europe (1971), China, India, Philippines and Thailand. With increasing competition in the medical disposables and blood bags market, the company has expanded its product range to include coronary stents and catheters as well as acquired cardiovascular specialty companies like Vascutek and Microvention in 2002 and 2006 respectively.

Contents

General Hospital Products

テルモ体温計001.JPG

Terumo is one of the leading suppliers of medical disposable products, blood transfusion products, hospital electronic products and pharmaceuticals like intravenous solutions. Terumo Corporation is ranked 1666 among the world's biggest company list published by Forbes. Terumo Corporation is also ranked 14th on Forbes Magazine’s List of 100 of the World’s Most Innovative Companies. Terumo Penpol, the company's subsidiary in India is the largest manufacturer of blood bags in India and supplies it to over 82 countries[2]. Production of medical disposables is also conducted in the company's facilities in Thailand and Hangzhou, China.

Acquisition

In March 2011, the company bought U.S. medical device company CaridianBCT for around $2.6 billion. It is the largest acquisition by a Japanese medical equipment maker and make the company to the top of global blood transfusion market.[3]

Reference

  1. ^ a b c Terumo Official Website [1]
  2. ^ Kurian, Vinson (31 Oct., 2010). "Blood bags co Terumo Penpol turns 25". The Hindu. http://www.thehindubusinessline.com/todays-paper/tp-corporate/article1008137.ece. Retrieved 24 Jul., 2011. 
  3. ^ Terumo to buy U.S. medical device firm for $2.6 billion http://www.reuters.com/article/2011/03/07/us-terumo-caridianbct-idUSTRE72613P20110307

External links

  1. Terumo Corporation Japan Website
  2. Terumo Cardiovascular Systems Website
  3. Terumo Europe
  4. Terumo Penpol
  5. Microvention Website
  6. Vascutek Website



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